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Utl in turnaround restructuring

Uganda Telecom hopes its new strategy of restructuring administration and investments in network infrastructure will enable it to compete favourably.

In a statement, utl said it intended to upgrade its data systems to provide faster internet speeds as part of a broader turnaround strategy.

“We have embarked upon a multitude of changes to the way that utl operates. We are investing in new equipment and automation which, combined with new processes, will create improved efficiency in the network countrywide. We will also be rolling out new products in the fixed line, mobile and internet lines of the business in the coming weeks,” said utl Managing Director, David Holliday, in the statement.

Utl saw its fortunes nosedive after war broke out in Libya, leading up to the removal of the Gaddafi regime in 2011 and UN sanctions. LAP Green Network, a Libyan company, is the majority shareholder in Utl.

The company, which has previously laid off workers to cut operational costs as the telecom industry gets more competitive, is optimistic that its new strategy, following positive growth in the second quarter of 2012, will propel it to greater heights. In addition, Uganda Telecom has set up a new department to take care of its fixed line market.

“A major part of our business transformation has been to forge a new department focusing on our fixed line business to deliver voice and data throughout the 64 telephone exchanges that utl covers nationwide,” Holliday said.

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